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Published on: 14 Sep 2018 By

Recent Developments in Securities Class Actions: Pre-Certification Jurisdictional Challenges

Today, capital markets are essentially borderless. Stock exchanges with physical trading floors have become an anachronism. Electronic transactions are the norm. With the click of a button, Canadian investors can buy and sell securities of foreign companies on foreign stock exchanges. But wh…

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Published on: 13 Jul 2018 By

Holding listed issuers to their word – for now anyway… Developments from the UK Court of Appeal on parent company liability for impacts abroad

Last year I wrote about a feature of the decision of the English and Wales High Court of Justice in HRH Okpabi v Royal Dutch Shell Plc[1], a case where residents of the Niger Delta brought a claim in negligence against Royal Dutch Shell (RDS), an issuer incorporated in England and listed on …

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Published on: 27 Jun 2018 By ,

A good day for do-it-yourself investors: The CSA proposes to prohibit the payment of trailing commissions to discount brokers

On June 21, 2018, the Canadian Securities Administrators (“CSA”) released a Status Report on their ongoing investigation into embedded commissions in the mutual fund industry. “Embedded commissions” is the term used to describe the practice of mutual fund managers compensating dealers (and t…

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Published on: 18 Jun 2018 By

Update: SCC Grants Leave to Appeal on Umbrella Purchaser Issue

A recent hot topic in price-fixing class actions has been whether so-called “umbrella purchasers” have a cause of action. See our recent articles here and here. Umbrella purchasers are individuals who purchased the affected product from  non-conspirator manufacturers. In support of umbrella …

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Published on: 11 May 2018 By

Siskinds files proposed class action against Facebook

Note: This article was also published on AdvocateDaily.com By Rob Lamberti, AdvocateDaily.com Contributor A class-action lawsuit filed by Siskinds LLP against Facebook continues to collect plaintiffs who may have had their data scraped by Cambridge Analytica through an app on the popular soc…

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